The Global Superhydrophobic Coatings market is anticipated to reach USD 13.0 million by 2027, according to a new report by Reports and Data. One of the main issues driving the market for self-cleaning technology is the depletion of freshwater supplies. Superhydrophobic are entirely water-repellent, allowing dirt to slip off the surface at even minor elevation angles, making them suitable for solar panels and similar applications.
Another main driver for market growth is the expansion of the consumer electronics industry in developing economies and the resulting increase in demand for durable products with full waterproofing properties. These are also primarily used by leather and nonwoven textiles to provide customer comfort, thus eradicating the washing cycles.
Top Companies Operating in the Global Superhydrophobic Coatings Market:
P2i International Ltd, Lotus Leaf Inc., UltraTech International Inc., NEI Corporation, Hydrobead, NTT Advanced Technology, Aculon, United Protec, Pearl Nano, and DryWired
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Further key findings from the report suggest
- Growing demand for fully water-repellent technologies drives the growth of the consumer electronics and textile industries.
- Developments in the field of nanotechnology build durable coatings with greater resistance to corrosion under durability, which in effect boosts their demand in industrial applications.
- Carbon nanotubes were used as the leading raw materials and accounted for the bulk of the total volume. Lightweight properties, high tolerance to changes in temperature, and technical flexibility have driven growth in the segment in recent years.
- Gel-based silica is likely to be experiencing substantial growth due to its economic viability and processability, owing to the high demand for waterproof consumer electronics, printed circuit boards, solar panels, flexible & other electronics, Gel-based silica was highly impregnated in the electrical & electronics industries.
- The market is expected to increase in a strong CAGR between 2019 and 2027 in the medical & healthcare sector. The coatings make all touch surfaces extremely water-resistant, thereby reducing the risk of contamination or pathogenic agents.
- In recent years, every major player in the industry has made heavy investments in R&D programs, which have helped to create many innovative products. Big companies aim to broaden their product range through fusions with small and medium-sized firms. Over the coming years, there is also an intense rivalry between the clubs.
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Superhydrophobic Coatings Market Segmentation
Property Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Anti-Microbial
- Anti-Icing/Wetting
- Anti-Corrosion
- Others
Raw Material Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Carbon Nanotubes
- Silica Nanoparticles
- Graphene
- Others
End-Use Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Electrical & Electronics
- Transportation & Allied Logistics
- Medical
- Optical
- Textiles & Leather
- Construction
- Others
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